(vasep.com.vn) In first three
Compared to the same period of 2010, Baseafood reported a drop of 20 percent in export volume; however, its value increased considerably because the company sold seafood products at high price and kept high proportion of value added products in the export structure.
Currently, Baseafood is shipping seafood products to 40 countries in Europe, Asia and American. As it focused on processing value added products and find raw material supplies from outside the country, Baseafood could complete orders in time and gain more export revenue.
According to Mr. Dung, the majority of the company’s importers are interested in value added products including ready-to-eat products, frozen seafood and dried seafood like mixed seafood, frozen whole squid, octopus, dried bream, surimi, cuttle fish sashimi…
Since 2005, Baseafood has focused on distributing its products in the local market by pushing the proportion of domestic products in production structure from 2 percent to 22 percent. Baseafood processed and controlls its products based on international standards such as ISO standards, HACCP, Europe CODE, and others standards required by Japan and South Korea. Therefore, Baseafood products was popular with Vietnam consumers, bringing to the company a revenue of VND70 billion. “Strategy of Baseafood is to enhance consumption in both local and foreign markets in a view to set the percentage of domestic and export products at 30 percent and 70 percent, respectively,” said Nguyen Cong Huyen, Vice Director of Baseafood.
In recents years, global financial recession has had large impact onprocessing and trading operation of Baseafood. All its strategic markets were reducing orders, including Russia – the largest partner accounting for 35 percent of its revenue. In addition, all production costs like raw material, fuel, electricity, water were soaring up. Moreover, crucial competition in purchasing raw materials put the company into trouble. In such situation, Baseafood tried to overcome difficulties, keeping the company’s reputation with the motto “Professional – Dynamic – Developed Company”. Baseafood prioritize to expand domestic and foreign markets, as well as investing in new technologies for processing, satisfying requirements of customers.
Besides, the company also paid attention to improving living conditions for its staffs and workers by repairing 10 – 30 houses for poor workers, organizing trips and tours in holidays, particularly providing VND1.8 billion of loans to poor workers to help them out of poverty. Baseafood became one of 10 leading enterprises in Ba Ria – Vung Tau province and was awarded by the local People’s Committee on 13 October 2011.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
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